Maximum Term Sample Clauses
The Maximum Term clause sets a definitive upper limit on the duration of an agreement or contract. It specifies the longest period the contract can remain in effect, regardless of any renewals or extensions that might otherwise apply. For example, even if a contract allows for automatic yearly renewals, the maximum term clause would cap the total length at a specified number of years. This clause ensures that both parties have certainty about the ultimate end date of their obligations, preventing indefinite commitments and facilitating long-term planning.
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Maximum Term. Unless terminated earlier in accordance with the terms of this Agreement, this Option will expire at the close of business on the final trading day immediately prior to the tenth anniversary of the Grant Date.
Maximum Term the expiration of five (5) years from the date of this Agreement;
Maximum Term. In no event may your Option be exercised after the tenth anniversary of the Grant Date (“Expiration Date”).
Maximum Term. The maximum term for the registration of a Registered Domain Name within the .cn TLD shall be five (5) years. Domain Name registrations shall be available for terms of one (1), two (2), three (3), four (4) and five (5) years.
Maximum Term. The maximum term of the Loan is 36 months from the date of the Initial Advance. The term of the Loan will however end before then if another Payment Event occurs. See clause 3.6.
Maximum Term. Notwithstanding anything to the contrary herein or in Exhibit A, no Initial Term may extend beyond the second anniversary of the Distribution Date (as defined in the Separation Agreement), and no Renewal Term may extend beyond the third anniversary of the Distribution Date (as defined in the Separation Agreement).
Maximum Term. Notwithstanding anything to the contrary, the Option shall in no case be exercisable on or following the expiration date set forth in Section 1.
Maximum Term. Except when a shorter term is expressly provided for elsewhere in this Agreement, a Player Contract may cover, in the aggregate, up to but no more than three (3) Seasons (and the immediately succeeding Off-Seasons) from the date such Contract is signed; provided, however, that (a) a Contract between a Qualifying Veteran Free agent and her Prior Team may cover, in the aggregate, up to but no more than four (4) Seasons (and the immediately succeeding Off-Seasons), (b) a Rookie Scale Contract shall cover, in the aggregate, three (3) Seasons plus an Option Year, and (c) an Extension of a Rookie Scale Contract may cover, in the aggregate, up to but no more than four (4) Seasons from the date such Extension is signed.
Maximum Term. The term of any such loan shall not exceed five years; provided, however, that such limitation shall not apply to any loan used for the purchase of a dwelling unit which within a reasonable time is to be used (determined at the time the loan is made) as a principal residence of the Participant.
Maximum Term. Subject to the following provision, the term during which an Award may be outstanding shall not extend more than ten years after the Date of Grant, and shall be subject to earlier termination as specified elsewhere in the Plan or Award Agreement.